SEC Form 5 · accession 0001211524-17-000018
SUNVESTA, INC. · SVSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hans Rigendinger
Officer — CEO CFO AND PAO · Director · 10% Owner
Period of report
Dec 31, 2016
Accepted (ET)
Mar 16, 2017 · 3:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001060409
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | Jul 30, 2015 | A | 5,000,000 | $0.07 | A | 32,578,860 | D | |
| COMMON STOCKF2 | Nov 8, 2016 | A | 2,500,000 | $0.08 | A | 35,078,860 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| STOCK OPTIONSF3 | $0.05 | Jan 1, 2013 | A | 10,000,000 | A | — | Dec 31, 2022 | COMMON STOCK | 10,000,000 | 10,000,000 | D |
Explanation of responses
- F1MR. RIGENDINGER ENTERED INTO AN EMPLOYMENT AGREEMENT WITH THE ISSUER DATED JANUARY 1, 2013, PURSUANT TO WHICH HE IS ENTITLED TO 2,500,000 SHARES OF THE ISSUER'S COMMON STOCK PER ANNUM AS A RETENTION AWARD. THE ISSUER AUTHORIZED THE ISSUANCE OF 5,000,000 SHARES TO MR RIGENDINGER AS THE RETENTION AWARD FOR 2014 AND 2015.
- F2MR. RIGENDINGER IS ENTITLED TO AN ADDITIONAL 2,500,000 SHARES OF THE ISSUER'S COMMON STOCK REPRESENTING THE RETENTION AWARD FOR 2016 IN CONNECTION WITH THE EMPLOYMENT AGREEMENT WITH THE ISSUER.
- F3MR. RIGENDINGER WAS GRANTED STOCK OPTIONS ON HIS APPOINTMENT AS A DIRECTOR OF THE ISSUER EXERCISABLE IN TWO EQUAL PARTS, 5,000,000 ON THE CLOSING OF A FINANCING TRANSACTION SUFFICIENT TO COMPLETE THE ISSUER'S REAL ESTATE DEVELOPMENT IN COSTA RICA AND 5,000,000 WHEN MANAGEMENT OF SAID COMPLETED DEVELOPMENT IS TRANSFERRED TO A THIRD PARTY MANAGEMENT COMPANY.